Pro Tips

Daily Market Intelligence 2/22/19

Posted on 02/21/2019

Daily Market Intelligence 2-22-19 Daily Market Intelligence 2-22-19

The Late Show

Posted on 02/21/2019

Indices had every chance to break down early. The most glaring hold was the Russell which refused to elect its ORL sell stops. Bond sell off kept risk spreads from rolling over. (Price Positive). I’m not bearish but i will … Continue reading →

Midday Missive

Posted on 02/21/2019

ORL patterns abound. Caution in the Spu’s above 2775.50, the level needed to screw the shorts. Nasd has completed a pressure relief break. It will take all new weakness under 7K for further downside. Russell has not run it sell … Continue reading →

A.M. Look 2/21/19

Posted on 02/21/2019

I hate Microsoft and all windows based products Having the same issues with my computer after a full wipe. Looks like another all day affair. I’ll open the room when i get it sorted. I’m long the Pot stocks. Today … Continue reading →

The Late Show

Posted on 02/20/2019

I am Long APHA and CRON I have been stopped out of all other positions via my trailing stops Nasd 100 is trading at its ORL#7035.25 Spu’s …2667 is the level. Closing below will put in a intermediate top. China … Continue reading →

Midday Missive

Posted on 02/20/2019

GOOGL & AMZN stopped at resistance MO Altria is breaking out with JD. I have a breakeven stop on the remainder of my Intel Calls @ .52 Still in the trade. EEM is breaking out. I doubled my position in … Continue reading →

A.M. Look 2/20/19

Posted on 02/20/2019

Markets are in park. Amazon put in an ORH yesterday to resistance. Bonds are creeping up. Gold (J) needs to hold above 1342 today. Be patient and wait out the board to see what sector will establish leadership. DAX…hit weekly … Continue reading →

Daily Market Intelligence 2/20/19

Posted on 02/19/2019

Daily Market Intelligence 2-20-19

Midday Missive

Posted on 02/19/2019

MCD..the high of day is fib reistance. A close over 181.50 is needed for more upside. LVS…sold some shares too early @ 60.84 to pay for the trade. Holding LVS 62 H calls Selling calls when LVS trades 63.50 Sold … Continue reading →

A.M. Look 2/19/19

Posted on 02/19/2019

Full Moon Trading (H) March Crude expires tomorrow. (J) April is front month Gold is up $10 following through on its weekly ORH pattern. I am honoring the levels. WMT is up after earnings. Euro put in a pressure relief … Continue reading →